David Lerner Associates: How to Give Money to Family Members Without Incurring Taxes
Many people are not aware that gifts to family members could be subject to federal gift taxes. The American Taxpayer Relief Act (the legislation passed on January 1, 2013, that averted the so-called fiscal cliff) raised the top estate and gift tax rate from 35 to 40 percent.
David Lerner Associates: How to Teach Your Kids About Money
Schools have certainly changed a lot since the song School Days was written over 100 years ago, but one thing that hasnt changed is the fact that there are still very few schools that teach children about personal financial management.
5 Baby Boomer Financial Behaviors and Attitudes to Watch
The financial behavior and attitudes of the baby boom generation is going to have a significant impact on the nation is financial picture in the coming years.
David Lerner Associates: Watch Out for These Utility Scams
It seems that there is no shortage of different kinds of scams thieves have come up with to try to bilk honest individuals out of their money. Two recent schemes revolve around the payment of utility bills.
David Lerner Associates –How Safe Is Your Pension Plan?
Some financial and retirement experts are recommending that workers and retirees who are dependent on pension plans do some "what-if" scenario planning to gauge how well prepared they might be for a possible cut in their pension benefits.
Investing Basics: What You Should Know
This is the fourth in the series of articles discussing financial literacy and what this means for Americans in the 21st century. Once you have earned money there are four main things that you can do with it: Spend it, save it, invest it or give it away.
How To Save for Retirement Regardless of Your Income
It is not uncommon for people to put off saving for retirement because they do not think they earn enough money to open a retirement savings account. This is especially true for young people for whom retirement may be at least three or four decades away.
David Lerner Associates: Legislation Rolls Back Student Loan Interest Rates
In late July, Congress passed legislation to roll back the increase in student loan interest rates that took effect earlier in the month. This legislation ties student loan interest rates to the financial markets, instead of allowing Congress to set these rates, as they have in the past. On August 9, 2013, President Obama signed the bill into law.